Coinbase, Andreessen Horowitz, Circle among heavyweight donors committing $78 million to new crypto PAC

Patrick McHenry, R-N.C., leaves a meeting of the House Republican Conference in the U.S. Capitol. (Credit: Tom Williams—CQ-Roll Call, Inc/Getty Images)

Some of the most powerful and monied businesses in the industry are banding together in a push to get crypto on Congress’s agenda.

Coinbase, Andreessen Horowitz, Circle, Ripple, Kraken, Paradigm, and other crypto titans have committed $78 million to a PAC, dubbed Fairshake, as of the fourth quarter of 2024, they announced on Monday.